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Fuel scarcity: No cause for alarm, says NNPC

Freedom Online by Freedom Online
June 30, 2015
in Breaking News, Business, Energy, News
0
NNPC subsidiary hits N1.8bn profit

NNPC subsidiary hits N1.8bn profit

The Nigerian National Petroleum Corporation (NNPC) on Tuesday said it had stepped up efforts to maintain stability in the supply and distribution of petroleum products nationwide.
This is contained in a statement by Mr Ohi Alegbe, Group General Manager of the corporation in Lagos.
The NNPC said it had enough stock of petrol to service the country for 25 days at a national consumption rate of 40 million litres per day.
It also said that it had stepped up product distribution to petroleum marketers and NNPC retail outlets across the country.
The NNPC called on the public to refrain from panic buying.
The statement said the corporation had sufficient stock of petrol at its coastal depots in Port Harcourt, Warri and Calabar, besides the stock at the national strategic reserves.

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© 2026 Published by SWAAYA LIMITED, Plot 20, Block G, Scheme 1, Residential 3, OPIC Beachland Estate, Lagos/Ibadan Expressway, Lagos. Gabriel Akinadewo, MD/CEO 08023010222, 08094000056, 08052097814.